CITIC Xinhui (under CITIC Trust) issues RWA tokens based on the Ethereum mainnet, which are convertible preferred notes

ChainCatcher message, Citic Trust's wholly-owned overseas platform Citic Xinhui International Capital Co., Ltd. announced a collaboration with the Hong Kong licensed virtual asset exchange EXIO Group to issue the first real-world digital asset (RWA) digital token in Hong Kong using convertible preferred notes (Token Name: $EXCB-25, Ethereum mainnet), supported by subscriptions in stablecoins.

As a state-owned trust service institution with a Chinese background, Citic Xinhui will provide the core registration function for connecting on-chain and off-chain asset ownership information in the RWA issuance process.